buffetology- by mary buffet

[nala]

i was reading this book over the hols- a QUESTION ARISES what are the monopolies that exists on the JSE -the Jse being one.Are the view propounded there still relevant?

[richardw]

Yeah, I've tried to find them too. Sasol was about the closest I could find. The banks as a group are a oligopoly so very close - just buy whatever is looking cheap at the time. The thinking is definitely still relevant.

[Werner_1]

yip, thinking is still relevant, but here in SA there isnt so many of those Buffett-style monopolies. but i like the banks the most. i have shares in quite a few and they have proven very good to me over the years. Capitec (which everyone told me wasnt so good last year) turned out to be the best investment of mine in 2009... I am looking to invest in offshore firms now, where i do find the dominant leaders of global industry and what i believe the future for certain sectors...